20-year government bond yield rises

The Ministry of Finance commissioned the Central Bank of the Republic of China to auction nearly NT$40 billion in 20-year government bonds, with the yield rising to 1.725 percent, from 1.708 percent in the previous auction of 20-year government bonds in mid-March.

Analysts said that with inflationary pressure rising, the market expects the interest and currency rates to both increase gradually, which has resulted in the rise of the yield on 20-year government bonds that will mature Jan. 20, 2032.